Industrial Operation | Economic Operation of the Automotive Industry in 2021

Release time: 2022-01-20

Source: Hefei J-Link Automotive Electronics Co.,Ltd.

According to statistics and analysis from the China Association of Automobile Manufacturers, automobile production and sales showed a year-on-year increase in 2021, ending the three-year decline since 2018. Among them, new energy vehicles have become the biggest highlight, with annual sales exceeding 3.5 million units and market share increasing to 13.4%, further indicating that the new energy vehicle market has shifted from policy driven to market driven; Driven by factors such as the recovery of the international market and the improvement of Chinese brand competitiveness, China's automobile exports have performed outstandingly. Since April, they have repeatedly broken historical records, with annual exports exceeding 2 million vehicles for the first time, achieving a breakthrough that has been hovering around 1 million vehicles for many years; Chinese brand cars have been driven by the improvement of new energy and export markets, and their market share has exceeded 44%, approaching the best level in history.

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